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Viewpoint: Let’s Give Tech Philanthropists the Benefit of the Doubt on COVID-19
Even as tech philanthropists ramp up their responses to the COVID-19 pandemic though, critics of philanthropy lament the need for philanthropy to fulfill a role that should be played by government. Meanwhile, other commentators criticize it as a power grab.
- Categories
- Coronavirus, Technology
- Tags
- philanthropy
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How the Global Coronavirus Response Creates Opportunities for Impact Investing
Chen, who moved to the U.S. in 2009 to attend high school in Tacoma, Wash., has long been active in the philanthropy and impact investing communities
- Categories
- Coronavirus, Investing
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Press Release: Visa Foundation Commits $210 Million to Support Small and Micro Businesses and Immediate COVID-19 Emergency Relief
“Two hundred million dollars in new financial resources demonstrates our continuing commitment to support small and micro businesses, with a focus on women’s economic advancement globally,” said Graham Macmillan, President of the Visa Foundation. “When women thrive, communities thrive. We know this matters now more than ever as the global economy seeks to recover and rebuild.”
- Categories
- Coronavirus
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How Will COVID-19 Impact Foundation Grants?
At least $3 billion worth of grants to respond to the COVID-19 outbreak have been given by foundations, mostly to relief organizations, public health agencies, and medical research groups, according to Candid, a group working to provide intelligence to philanthropists.
- Categories
- Coronavirus
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From the Valley of Death to a $14 Million Series A: Sokowatch, Quona and the Role of Philanthropic Capital
The e-commerce company Sokowatch recently raised a $14 million Series A round, enabling it to expand its digital financial services to more merchants in Africa. But just two years ago, the company was in danger of going under. Malika Anand and Maelis Carraro at BFA’s Catalyst Fund discuss how the fund's philanthropically-funded acceleration approach has helped Sokowatch – and other promising fintech startups – survive the “valley of death” and position themselves for commercial investment.
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How Bridge Loans Can Aid Nonprofits and Social Enterprises Through the Covid-19 Crisis
“We sometimes refer to our work as the everyday emergency room of impact—our borrowers are coming to us during a time of crisis when something outside their control has gone wrong,” says Maya Winkelstein, chief executive officer of Open Road Alliance, a philanthropic initiative based in New York.
- Categories
- Coronavirus, Finance
- Tags
- nonprofits, philanthropy
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Press Release: JPMorgan Chase Makes $50 Million Philanthropic Investment to Help Address Immediate and Long-Term Impacts of COVID-19
JPMorgan Chase announced a $50 million global philanthropic commitment to address the immediate public health and long-term economic challenges from the COVID-19 global pandemic.
- Categories
- Coronavirus, Finance
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Visa Champions a New Decade for Women’s Empowerment
Kicking off Women’s History Month, Visa today announced two new partnerships bolstering the company’s commitment to women’s economic empowerment. Hand In Hand International and IFundWomen will join Visa to help provide both educational resources and funding for women entrepreneurs around the globe to help them build and grow their businesses. The global rate of female entrepreneurship has been increasing more quickly than that of male entrepreneurs, with more than 250 million women around the world engaged in entrepreneurship.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- philanthropy
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